Highlighted transactions

Technology

 

Quark Software Inc.

Piper Jaffray served as exclusive financial advisor to Quark Software Inc., a portfolio company of Platinum Equity, LLC, on its sale to Parallax Capital Partners, LLC.

Client Description

Quark is a leader in content automation with a comprehensive suite of enterprise software solutions designed to optimize and automate every stage of the content lifecycle. The company has evolved from a desktop publishing software business into an enterprise content automation platform and is driving widespread adoption of the category. Quark was founded in 1981 and is based in Denver, Colorado with operations in Europe, the Americas and India.

Counterparty Description

Parallax was founded in 1999 to make control equity investments in lower middle market software and related technology companies. Parallax invests in companies with revenues between $5 and $100 million where there are creative opportunities to significantly enhance a company’s value. Since 1999, Parallax has participated in over 25 transactions representing over $250 million in transaction value worldwide. Its previous and current portfolio companies generate over $1 billion of annual revenues and have provided significant returns for its investors, partners and employees. Parallax has built an exceptional track record of transitioning divisions, subsidiaries and product lines into successful stand-alone entities or integrating them into current portfolio companies.


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